After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
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I know that HML is a lose term, but I'd define it as loaning money for interest plus points once a deal has been verified. It seems like I could make a lot more as a professional JV, partnering in the profits 50/50 an...
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I have a duplex that has two really old gas furnaces that are about to die on me. Instead of dropping $6000 on two new ones, I have contemplated replacing the heating with baseboard electric heat throughout. This plac...
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I usually carry a Leatherman Juice in my bag and up until recently a Victorinox One-Handed Forester in my jean pocket. Well, I was stupid enough to take the knife to the airport and had to ditch it, so I got a Victori...
You always hear "buying a house is the best investment you can make" "Renting is like throwing your money away". What if everyone starts to listen and renting becomes a thing in the past? Now you're stuck with a prope...
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I just discovered this awesome site. Thank you all for taking the time to post advice, it's very helpful, especially to a newbie. I hope this is the right forum for the questions I have.
I've already done my due d...
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Hi everyone,When first starting out, what did you do to keep track of your expenses, revenues, receipts, quotes, numbers, numbers, money, money, etc...? What software or programs helped you the best? Also, what were s...
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I have a townhouse built in 1968 with all original windows and im looking to upgrade. Im currently taking bids for th job which comes out to be 26 windows in total and im finding there to be a large swing in the quote...
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What is the biggest drawback/limitation to being a realtor compared to being a real estate investor?
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Hi everyone, I’m a novice investor just getting started and it seems like short term EMD lending or “gator lending” is a great way to go. I have an investor looking to borrow 10k for an EMD in Austin, TX. Is there an...